This topic contains a solution. Click here to go to the answer

Author Question: The difference between the monetarist and Keynesian views on discretionary monetary policy is that ... (Read 53 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
The difference between the monetarist and Keynesian views on discretionary monetary policy is that the monetarists
 
  a. believe monetary policy is a stabilizing force and Keynesians believe it is primarily destabilizing.
  b. Keynesians think that monetary policy is always used effectively.
  c. believe monetary policy is a destabilizing force and Keynesians believe it is potentially stabilizing.
  d. favor fine tuning the economy by use of monetary policy while the Keynesians do not.

Question 2

Under a fixed exchange rate system, the exchange rate
 
  a. is equal to one.
  b. fluctuates as the price of gold fluctuates.
  c. is fixed and interest rates must vary in response to balance of payment movements.
  d. can periodically change as economic conditions change.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

onowka

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library